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Franklin Templeton, a $1.5 trillion Wall Street business, is Coinbase's first big wealth manager to use their Ethereum scaling solution. Users can now trade shares of Franklin Templeton's OnChain U.S. Government Money Market Fund, FOBXX, over the layer-2 network Base, the company revealed. Base is the sixth blockchain to host Franklin Templeton's tokenized Treasury fund, after FOBXX, which has $410 million in assets, has previously debuted on five other blockchains: Arbitrum, Polygon, Avalanche, Aptos, and Stellar.
In his first public interview after his release, former Binance CEO Changpeng "CZ" Zhao discussed his thoughts on life behind bars and the future of cryptocurrency. Zhao talked about his four months in prison and said that he missed human connection the most during Binance Blockchain Week in Dubai on October 31. He revealed that he had become friends with a number of prisoners, calling many of them "very nice guys" and implying that some of them were there for the wrong reasons. However, he was able to address this by forming friendships with the prisoners he encountered while incarcerated. He claimed that a sizable percentage of them were there for the wrong reasons and that some of them were "super nice guys."